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SCM7005 Principles of Procurement Assignment Questions and Solutions
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Assignment Detail:-
- Word limit : 5000
Assignment 1:
The assessment will require students to identify an innovative technological application applicable to the procurement process (this can include software, analytical tools and robots (bots)). They will then be required to draft a critical appraisal of the applications and benefits of the technology. The submission should evaluate the potential competitive advantages that might accrue from the adoption of the technology and also consider any relevant ethical, legal or regulatory issues.
Students will be required to reflect upon the results from their business simulation exercises and tasks when completing the assignment. (2,500 words)
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Assessment 2:
Students are required to carry out an appraisal of the module content:
- Big Data sets: analysis and business planning
- Digital procurement life-cycle process
- Automation and AI the connection to systems views (ERP/MRP)
- Sources of competitive advantage: streamlining, automation, information flows and cost reductions through leveraging procurement best practice
- User experience enhancements – SLA’s, contracts, statement of works and S&OP’s Future of connected procurement (e.g. Blockchain and distributed ledger applications) Real sourcing and aggregation
Outputs should identify how a minimum of four of the key module themes are placed within their chosen case study organisation through a negotiated case study – students are expected to source an appropriate case study which could be based on an organisation that they are familiar with or one from the public domain. Tutor approval of the case must be obtained before commencement by negotiation.
The appraisal should identify strengths and weaknesses of the current ‘as-is’ situation of the chosen
case study against the ‘to-be’ recommendations utilising the minimum four key module themes, which would critically review areas such as improved operational efficiencies. The finished article must meet academic standards and resemble a credible and professional real-world business product.
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